Crypto has gone to shit

[lexavl88]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

Fools are funding the scams. If the trend is growing, then the demand for it is also growing. No one will engage in unprofitable business, even if it's a Scam.

[mybloomingpath]

It is sad when good projects due to the huge number of well advertised scams are not able to reach at least a soft cap. And the most sad is when good projects with good idea at the end turn to scam. I hope for some changes in crypto field in order to minimize  all this issues.

[pro2017]

I totally agree with you, man, they want a lot of unnecessary projects and huge sums of money.

[rafaelyarulin]

First of all we should start some kind of education campaign to prevent newbies from scam projects. It's like with sex - we're telling people why they should use contraceptive to stay well and healthy. Same here  

Here it is! Here!, totally agree with that. Not that there would be many fools, and many illiterate in this sphere. And while all this is young green, fraud will flourish. 

[Diablesfunis]

I definitely agree that the most recent icos took way more money than they required to run the project and I always avoid that kind of project because it's hard to lift the marketcap of the project if they start at a high marketcap already, most of these projects will have its price decrease once hit exchange. I prefer projects that collect a reasonable amount of money instead, the devs can be rich too if the coin price increase because of their effort.

[lalatao75]

The good point in this situation is that the technology is correcting the situation by implementation of good new tools to verify both sides parties (investors/investement) and many startups appears to fix similar issues.

[CrimsonGT]

The crypto is a new unstable market, many people can not understand it and at the same time there are many scam projects. But it doesnt' mean that everything is a shit.

[BrentMack]

No it has not, the bear market is normal for the crypto currency market and it will always last a while before we start seeing a recovery so you should not panic and not say things like this. Just make sure you do not sell off your coins during the bear market.

[lalatao71]

I think this is the right way because the competition pushes every project to bring out its best in order to succeed and because we need more and more people to be involved and spread the word about crypto.

[baduday1991]

Yes, there are a lot of scams and companies that are going to hell. A lot of people earn a lot of money on this. Hardly crypto will die, even the government can not control or somehow block the crypto. crypt our future

Yeah you are right with that one, they are destroying the image of cryptocurrency that's why there are people saying it is a scam even though it's not because it's just the idea of scumbag people who wants to gets easy money and using cryptocurrency as their frontline. But don't worry karma is digital right now for sure they will get it.

[Angelina Jolie]

A lot of dishonest people just want make money on ICOs. But with the crypto-currencies in general, everything will be fine, I'm sure. There are a lot of promising projects.

[keloy cavajan]

That's how a lot of people see the ISO just as a way to make money and everything but it is attached to something bigger, namely to give this world something new and progressive rather than simply being a collection of money

[copyposter_21]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

About a year ago there was a project, online books on cryptocurrency on blockchain. So, surprisingly they collected the maximum amount and disappeared with the money

[mimota164]

I got someone who messaged me via telegram, he pretends to be one of team from VLB (this is a common method they are using) and said that he can give me a good deal if i want to invest more.

[admafillie798]

That's how a lot of people see the ISO just as a way to make money and everything but it is attached to something bigger, namely to give this world something new and progressive rather than simply being a collection of money

[bithit.ubeo]

The bulk of people on this forum are for earnings. This is real life and it is different from the idea. I have long understood that society is not yet morally ready for decentralization.

[binhvo1505]

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

I fully agree with you, the Crypto market is getting worse than ever. But we can not change because we do not have much money. We can only make money from the Crypto market and we have no right to change it.
Accept this and Crypto's future will not last forever.

[bibitao23]

this is a part of the game. if everything is easy, how can the investors get big profit? the challenges help the people can learn many things and have the experience to choose the right token

[duyhung1400]

Yes, there are a lot of scams and companies that are going to hell. A lot of people earn a lot of money on this. Hardly crypto will die, even the government can not control or somehow block the crypto. crypt our future.

[amylouise166]

All because of the fact that almost all who are engaged in the crypt are those who just want to earn, those who don’t care about the development of crypto community